
This is not just land. This is a legacy. 10.33 acres of Hays County earth sitting at the crossroads of everything Texas is becoming — and everything it has always been. Cattle have grazed here. Bees work this land today. A pond reflects the sky on one side, and a 2016 manufactured home anchors the front acre with four bedrooms, two baths, and a move-in ready foundation for whatever comes next.
This is the kind of property that doesn't come back once it's gone. Three distinct parcels. One address. Infinite potential. Keep it as a unified estate. Live on the front acre while you plan the rest. Or bring your vision and build something extraordinary — custom builders and dream-home buyers are already planting roots all over this corridor, and ten unrestricted acres with water, privacy, and road frontage is exactly the canvas they are looking for. The land doesn't care what you do with it — it wins either way.
Kyle is exploding. Hays County is one of the fastest growing counties in the United States. And right here off Graef Road in Niederwald, you have ten acres with an active agricultural exemption keeping your taxes bottom dollar while the world builds up around you.
Pond. Acreage. Home. History. Location.
Buy the acre. Buy the pond tract. Buy the back acreage with bees. Or buy all of it and never look back.
Individual parcels available separately — but together? Together this is something special.
Seller believes property may be suitable for a variety of uses — buyer to independently verify zoning, restrictions, and permitted uses with Hays County and City of Niederwald prior to purchase.
Agricultural exemption active; buyer to re-qualify with Hays County Appraisal District. Seller retains all mineral rights; minerals do not convey.
Individual parcels listed at MLS # 4725780, 7049346, 9110937.
Property Type
Farm
Year Built
2016
Lot Size
10.33 acres
$/Sq Ft
$450
Listed by Keller Williams Realty
Verified property facts
401 Graef RD is listed at $979,000 with 4 bedrooms, 2 full bathrooms, 2,176 square feet, 10.33-acre lot. This places it above the 78640 median of $425,000.
401 Graef RD is zoned for HaysCONSISD with assigned schools: Camino Real (elementary), D J Red Simon (middle), Lehman (high). School assignments should be verified directly with the district.
401 Graef RD is a Farm built in 2016 featuring 4 bedrooms, 2 full bathrooms, 2,176 square feet, 10.33-acre lot.
401 Graef RD is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 401 Graef RD is $1,846. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $154,331 | $51,890 | $167,940 |

HaysCONSISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($196K)
$979,000
Luxury property intelligence
A sourced read on Neill McLean Survey, Abstract 325 pricing, timing, and property scale. No automated valuation claim.
List price
$979,000
Price per sqft
$450/sqft
Vs. Neill McLean Survey, Abstract 325 median
Not available
Days on market
11 days
Original to current
No verified reduction
$979K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($195,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 401 Graef RD is around $5,234 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $979,000, 401 Graef RD is in the Neill McLean Survey, Abstract 325 market where there are currently 579 active listings in 78640. The Keenan Group has completed 6 transactions in 78640 as part of 1,000+ career sales totaling $1B+ across Austin.
401 Graef RD was built in 2016, making it 10 years old with relatively recent construction.
401 Graef RD includes verified waterfront access: Pond. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
3 events on record
Current Price
$979,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $154,331 | $51,890 | $167,940 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Neill McLean Survey, Abstract 325
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